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Norfolk 02019
40 Elbow St
$270,000
● House - Off Market

40 Elbow St

Bellingham, MA 02019
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,380 Ft²
$410,778
RealtyHop Estimate
52.14%
Since Jan 1, 2019
National-US
Primary Model

About This Property

Spacious Updated Three Bedroom Home! *Upgraded Kitchen, with Granite Counter tops and Maple Cabinets. *Updated Full and Half Bath *Features a First Floor Master Bedroom *Formal Dining Room * Very Spacious Living Room with an Abundance of Windows *Open Sitting Area on Second Floor *Dramatic Front Entry with Beamed Vaulted Ceiling Makes a Great Space for an Office *Hardwood Flooring *Recessed Lighting *French Doors *Large and Accommodating Deck Overlooking Great Back Yard for Entertaining *Ample Off Street Parking *Conveniently Located in Close Proximity to Restaurants, Shopping and Major Routes *The Sellers Will Entertain Offers Between $270,000 & $295,000
Unit Size
1,380 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$196
Property Type
House
Property Taxes
$305
HOA Dues
-
Year Built
1930

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 5 months ago (MLSPIN #72357405)

Price History

Date / Event Date Event Price
Dec 18, 2018 Sold
Premium
Sold
Jul 6, 2018 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $270,000
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
May 3, 2017 Sold
Premium
Sold
Mar 1, 2017 Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate $274,900
Listed by Berkshire Hathaway HomeServices Commonwealth Real Estate
Apr 7, 2011 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1930
  • Effective Year Built: 1984
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 16
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 900
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,002
  • Total Building Area: 1,380
  • Gross Building Area: 2,874
  • Building Area: 1,380
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 4
  • Heated Square Feet: 1,380
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EDWARD VALLIERE
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Bellingham School District
  • School Tax School District: BELLINGHAM SD
  • Census Tract: 443103

Geography

  • Parcel: BELL M:0095 B:0030 L:0000
  • Block: 30
  • Municipality: BELLINGHAM
  • Latitude: 42.0247
  • Longitude: -71.4855

    Address

  • Full Address: 40 Elbow St
  • Address - House Number: 40
  • Address - Street Name: Elbow
  • Address - Suffix Type: St
  • State: MA
  • City Name: Bellingham
  • Carrier Code: C003
  • 4-Digit Zip Code: 2603
  • Zip Code: 02019

Valuation

    Tax

  • Tax Year: 2024
  • Tax Amount: $448,700

    Appraisal Valuation

  • Standard Deviation: 0.1601
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 80
  • Final Value: 430,871
  • High Value: 499,877
  • Low Value: 361,866

    Assessments Valuation

  • Assessed Year: 2024
  • Assessed Total Value: $348,900
  • Assessed Land Value: $113,600
  • Assessed Improvements Value: $235,300

    Sales

  • Current Sale Contract Date: Dec 14, 2018
  • Current Sale Recording Date: Dec 18, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: O
  • Current Sale Input Document Number: 112362
  • Previous Sale Recording Date: May 03, 2017
  • Previous Sale Amount: $262,500
  • Previous Sale Document Type: O
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Norfolk

Stats & Trends

Median Asking:

$757,450

Sale Price/ft²

$432

Below Asking

0.01%

Average Days on Market

56

Average Home Size

2497 ft²

Average Home Age

60.6 years

Currently For Sale

1397 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

Click here to view more rentals in the neighborhood.
Last Updated: 5 months ago
Data Source: MLS PIN, MLS# 72357405

Frequently Asked Questions

When was property at 40 Elbow Street built and last sold?
The property at 40 Elbow Street was built in 1930 and last sold on Dec 14, 2018 for $270,000.
How much is this home worth?
The estimated value of the home located at 40 Elbow Street is $289,007.
What are some comparable homes to 40 Elbow Street?
There are currently no comparable homes to 40 Elbow Street.
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